Celebrating humanity's flourishing through the spread of capitalism and the rule of law
31 Jul 2024 Leave a comment
in applied price theory, comparative institutional analysis, econometerics, economic history, economics of regulation, income redistribution, labour economics, labour supply, law and economics, minimum wage, politics - USA, property rights, Public Choice, regulation, rentseeking, unemployment, urban economics Tags: housing affordability, regressive left, rent control
In an interesting new paper Federal Reserve economists Marianna Kudlyak, Murat Tasci and Didem Tüzemen look at what happens to job vacancy postings when the minimum wage increases. The vacancy data in our analysis come from the job openings data from the Conference Board as a part of its Help Wanted OnLine (HWOL) data series. […]
The Minimum Wage, Rent Control, and Vacancies or Who Searches?
30 Jul 2024 Leave a comment
in applied price theory, comparative institutional analysis, income redistribution, law and economics, politics - USA, property rights, Public Choice, rentseeking, urban economics Tags: housing affordability, land supply, regressive left, rent control
The minimum wage will tend to increase unemployment among low-skill workers, often minorities. To many people that’s an argument against the minimum wage. But to progressives at the opening of the 20th century that was an argument for the minimum wage–progressive’s demanded minimum wages to get women and racial minorities out of the work force. […]
Rent Control Reduces New Development: Bug or Feature?
29 Jul 2024 Leave a comment
in economics of education, liberalism, Marxist economics, politics - USA Tags: conjecture and refutation, philosophy of science
Last October I posted a critique of a new National Science Foundation (NSF) initiative designed to combine indigenous knowledge with modern science—in the U.S. this time, and to the tune of $30 million. The NSF was very optimistic, as you can see from the article below in Science (click to read; see also a similar […]
US attempt to “braid” indigenous knowledge with modern science collapses and is abandoned by the National Academies
27 Jul 2024 Leave a comment
in applied price theory, economics of bureaucracy, economics of regulation, income redistribution, politics - New Zealand, politics - USA, Public Choice, regulation, rentseeking, urban economics Tags: housing affordability, land supply
Ed Glaeser is the chairman of Harvard’s Department of Economics. He’s also widely credited with reviving the entire field of Urban Economics. His 2018 “The Economics of Housing Supply” (with Joe Gyourko) in the Journal of Economic Perspectives was a major inspiration for my Build, Baby, Build. So in the latest “Fast Takes” interview, I…
Fast Takes on *Build, Baby, Build*: Ed Glaeser
26 Jul 2024 Leave a comment
in applied price theory, applied welfare economics, economics of regulation, energy economics, environmental economics, global warming, politics - Australia, politics - New Zealand, politics - USA, Public Choice, public economics, rentseeking Tags: cap and trade, carbon tax, climate alarmism
That is the topic of my latest Bloomberg column, here is one excerpt: A recent study finds that, of all domestic subsidies, the most effective involve replacing the dirty production of electricity with the cleaner production of electricity. In practice, that means subsidies or tax credits for solar and wind power. Those are more than twice as effective as […]
Which are the most effective subsidies for green energy?
26 Jul 2024 Leave a comment
in economics of bureaucracy, economics of crime, law and economics, politics - USA, Public Choice Tags: 2024 presidential election, crime and punishment, law and order
No sooner does this blog write about shitty government bureaucrats refusing to do the right thing, and even doubling down on the wrong things, than one of them does the right thing. Cheatle Resigns and for Good Cause. That’s Kimberly Cheatle, head of the United States Secret Service (USSS), finally taking responsibility for her outfit […]
Cheatling Responsibility
25 Jul 2024 Leave a comment
in applied price theory, econometerics, economic history, fiscal policy, macroeconomics, politics - USA, public economics Tags: taxation and entrepreneurship, taxation and investment
That is the topic of my latest Bloomberg column. Here is one summary excerpt: One result: Total tangible corporate investment went up by about 11%. That has been a welcome shot in the arm for an economy that was by some measures suffering from an investment drought. The strong state of the Biden economy may, in…
Current state of knowledge on the Trump tax cuts
24 Jul 2024 Leave a comment
in economics of crime, economics of education, law and economics, politics - USA Tags: 2024 presidential election, crime and punishment, free speech, law and order, political correctness, regressive left
We have been following the controversies surrounding professors commenting on the attempted assassination of former President Donald Trump. Some of those responses have ranged from celebrations to spreading bizarre conspiracy theories. The latest controversy concerns Rutgers University Writing Program Assistant Teaching Professor Tracy Budd, who posted a Facebook message saying ”Let’s hope today’s events inspire […]
“Let’s Hope Today’s Events Inspire Others”: Rutgers Professor Under Fire for Posting on Trump Assassination Attempt
24 Jul 2024 Leave a comment
in economics of crime, energy economics, environmental economics, global warming, law and economics, politics - USA, property rights Tags: climate activists, climate alarmism
By Paul Homewood . A new organisation called Climate Criminals is calling on the International Criminal Court to bring charges against a large number of businessmen and others from what they call the polluter industrial complex, who they deem to be guilty of various crimes against the climate. They are clearly a bunch of loons, […]
Climate Criminals
24 Jul 2024 Leave a comment
in discrimination, economics of education, gender, health economics, labour economics, law and economics, liberalism, Marxist economics, politics - USA Tags: Age of Enlightenment, conjecture and refutation, free speech, gender gap, philosophy of science, political correctness, regressive left, sex discrimination
Here we have a 55-minute (remote) conversation between Richard Dawkins and Kathleen Stock conducted during the “Dissident Dialogues” conference in NYC last May. Here’s a précis of Stock’s background from Wikipedia: Kathleen Mary Linn Stock OBE is a British philosopher and writer. She was a professor of philosophy at the University of Sussex until 2021. She has published academic […]
Dawkins talks to Kathleen Stock
22 Jul 2024 Leave a comment
in law and economics, politics - USA Tags: 2024 presidential election, constitutional law
Below is my Hill column on President Joe Biden shifting his position on the Supreme Court and agreeing to “limits” on the Supreme Court. This ran before President Biden finally consented to withdraw from the race. It makes this last ditch effort even more tragic for his legacy. As I mentioned in the column, the […]
Supreme Folly: The Lingering and Ironic Legacy of President Biden on Court “Limits”
21 Jul 2024 Leave a comment
in economic history, economics of media and culture, law and economics, liberalism, Marxist economics, movies, politics - USA Tags: free speech, political correctness, regressive left
There is a new NBER working paper on this topic by Hui Ren Tan and Tianyi Wang, here is the abstract: We study a far-reaching episode of demagoguery in American history. From the late 1940s to 1950s, anti-communist hysteria led by Senator Joseph McCarthy and others gripped the nation. Hundreds of professionals in Hollywood were […]
Hollywood evidence on McCarthyism
20 Jul 2024 Leave a comment
in economics of regulation, energy economics, environmental economics, global warming, law and economics, politics - USA, property rights Tags: climate activists, climate alarmism
The decisive ruling against climate lawfare is reported at Washington Free Beacon Dem-Appointed Judge Tosses Major Climate Case Against Oil and Gas Producers in Blow to Environmental Activists. Excerpts in italics with my bolds and added images. Baltimore judge deals blow to left-wing effort to punish oil companies for global warming A Baltimore judge tossed […]
Another Fake Climate Case Bites the Dust
18 Jul 2024 Leave a comment
in law and economics, liberalism, Marxist economics, politics - USA Tags: Age of Enlightenment, France, free speech, Freedom of religion, political correctness, regressive left
France’s Sports Minister, Amélie Oudéa-Castéra, has announced that French Muslim athletes will be barred from wearing hijabs at the Olympics. The decision is a gross violation of the religious freedom of Muslim athletes and should be condemned throughout the world.
France Bans Muslim Hijabs from the Olympics
18 Jul 2024 Leave a comment
in economics of crime, law and economics, politics - USA Tags: 2024 presidential election
Fight! Fight! Fight! Had the assassin’s bullet found its mark and killed Donald Trump, America’s descent into widespread and murderous violence – possibly spiralling-down into civil war – would have been immediate and quite possibly irreparable. The American Republic, upon whose survival liberty and democracy continue to depend, is certainly not out of danger, not yet.…
Dodging Bullets.
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
A History of the Alt-Right
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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